Dont agree as I think that at around 0.5c we will see a lot of punters prepared to take up a few. I know I will so then that gives ERM room to purchase more as well. So say we get another $4 million they can then and will add another $1million.
If it gets lower it may well be a huge number that takes up the offer. We are in favoured O&G pricing range between 0.1c to 0.5c.
EGO Price at posting:
0.6¢ Sentiment: None Disclosure: Held
EPW Price at posting:
$1.93 Sentiment: None Disclosure: Held